Philippines Dairy Products Market Analysis (2013 - 2023)

This data guide on Dairy Products provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Dairy Products, such as Sour Milk Drinks, Drinkable Yogurt, Yogurt, Butter, Cream, Cheese, and Dairy Desserts, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Dairy Products market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Philippines Dairy Products market registered a growth of 7.44% to reach 301997 PHP Mn in 2018.Whippng Cream constitute the leading segment in Cream category, which recorded a per capita consumption of 0.1988 Kg in 2018. On the other hand, Natural Cheese is the fastest growing segment in the Cheese category. The Milk category is expected to reach 409619.86944221 by 2023, witnessing a healthy CAGR of 9.41%. Among distribution channels, Supermarkets and Hypermarkets are the preferred destination among the populace.

Some of the Key Takeaways

Plain Yogurt constitute the leading segment in Yogurt category which has a per capita consumption of 0.02440 Kg in 2018.
Natural Cheese was the fastest growing segment in the last five years, with a CAGR of 9.31%.
The Condensed milk segment is expected to witness a healthy value CAGR of 9.01% during the forecast period.